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315 N F St, Salt Lake City, UT 84103

$995,000

5 bed · 3 bath · 3,510 sqft

Historic Avenues 4 unit property with Massive Value-Add Upside! Situated in one of Salt Lake City's most sought-after rental neighborhoods, this property offers an incredible combination of steady cash flow and future upside. The right side (317 A & B) features fully updated living spaces, serviced by a newer AC unit and HVAC system. Over on the left side, long-term tenant stability provides immediate holding income. Huge potential awaits in Unit 315 A: a 1-bedroom, 1-bath layout featuring a spacious living area, kitchen, front entrance, and private rear access. Gross rental income would improve significantly by renovating 315 A-B to match the rent of its counterpart. The left-side units (315 A & B) are separately metered, giving a new owner clear operational flexibility. Prime Avenues location within walking distance to local cafes, downtown SLC, and Memory Grove.

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Listing courtesy of Daniel Lopez, Redfin Corporation.

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